Annual Information Update

April 04, 2014

TETHYS PETROLEUM LIMITED PRESS RELEASE

“Tethys” or “the Company” (TSX:TPL, LSE:TPL)

Annual Information Update

LONDON, ENGLAND – Tethys Petroleum today provided an Annual Information Update for the period 3 April 2013 to 4 April 2014.

In accordance with Prospectus Rule 5.2, the Company sets out below a summary of the information, which has been published or made available to the public during the period. The information referred to in this update was current at the time of publication, but some information may now be out of date and some of it will have been prepared in accordance with requirements of jurisdictions other than England & Wales. It is not provided for any other purpose and neither the Company, nor any other person, takes any responsibility for, or makes any representation, express or implied, as to the accuracy or completeness of, the information, which it contains.
Further, such information prepared in accordance with the laws or regulations of a particular jurisdiction other than England & Wales may not comply with or meet the relevant standards of disclosure in any other jurisdiction.

1.      The following announcements were made during the period to the London Stock Exchange via RNS:

--------------------------------------------------------------
3/04/13  Annual Information Update
--------------------------------------------------------------
16/04/13 Deputy CFO Appointed
--------------------------------------------------------------
16/05/13 Q1 Financial Results and Conference Call Details
--------------------------------------------------------------
16/05/13 Protocol of Intent Signed in Uzbekistan
--------------------------------------------------------------
18/06/13 Tajik Farm-Out Deal Completed
--------------------------------------------------------------
19/06/13 Kazakhstan Forward Work Programme
--------------------------------------------------------------
08/07/13 Strategic Acquisitions in Georgia
--------------------------------------------------------------
29/07/13 Extended Kazakhstan Drilling Programme
--------------------------------------------------------------
12/08/13 Appoints Clive Oliver - Vice President Finance
--------------------------------------------------------------
15/08/13 Q2 Financial Results and Conference Call Details
--------------------------------------------------------------
10/09/13 Chegara Presidential Decree Issued
--------------------------------------------------------------
12/09/13 Organisational Changes
--------------------------------------------------------------
13/09/13 Drilling Commences on AKD08 ("Doto") Exploration Well
--------------------------------------------------------------
27/09/13 Notification of Transactions of Directors/Persons
         Discharging Managerial Responsibility and Connected
         Persons
--------------------------------------------------------------
18/10/13 Kazakhstan Operations Update
--------------------------------------------------------------
31/10/13 Drilling Commences on AKD09 ("Dexa") Well
--------------------------------------------------------------
01/11/13 Farm-out on Kazakhstan Assets
--------------------------------------------------------------
15/11/13 Q3 Financial Results and Conference Call Details
--------------------------------------------------------------
19/11/13 Notification of Transactions of Directors/Persons
         Discharging Managerial Responsibility and Connected
         Persons-Dr. David Robson
--------------------------------------------------------------
19/11/13 Notification of Transactions of Directors/Persons
         Discharging Managerial Responsibility and Connected
         Persons-Julian Hammond
--------------------------------------------------------------
21/11/13 Tethys Petroleum wins World Finance Award - Best
         Exploration and Production Company Asia 2013
--------------------------------------------------------------
04/12/13 Kazakhstan Operations Update
--------------------------------------------------------------
06/12/13 Finance Director to Retire
--------------------------------------------------------------
17/12/13 Notification of Exercise of Warrants
--------------------------------------------------------------
02/01/14 Tethys Completes Strategic Acquisition in Georgia and
         Exits Uzbekistan
--------------------------------------------------------------
07/01/14 Price Monitoring Extension
--------------------------------------------------------------
17/01/14 Kazakhstan Resources Update
--------------------------------------------------------------
07/03/14 Successful First Gas Well of 2014 Programme
--------------------------------------------------------------
20/03/14 Second Successful Gas Well in Kazakhstan
--------------------------------------------------------------
01/04/14 2013 Annual Results
--------------------------------------------------------------

The above documents are available on the Company's website at: 

http://www.tethyspetroleum.com/tethys/irindex.action 

The following documents were submitted to the National Storage Mechanism and can be found here: 

http://www.morningstar.co.uk/uk/NSM 

The Annual Report for the period ended date 31 December 2013, which was submitted to the National Storage Mechanism on 31 March 2014 is available on the Company's website at: 

http://www.tethyspetroleum.com/tethys/announReports.action 

The Financial Statements and Management's Analysis and Discussion for the period ended date 31 December 2013, which was submitted to the National Storage Mechanism on 31 March 2014, is available on the Company's website
at:

http://www.tethyspetroleum.com/tethys/announReports.action 


2.      The following announcements were made during the period to the Toronto Stock Exchange via SEDAR. 

Announcements made during the period were:

--------------------------------------------------------------
16/04/13 Deputy CFO Appointed
--------------------------------------------------------------
15/05/13 Q1 Financial Results and Conference Call Details
--------------------------------------------------------------
16/05/13 Protocol of Intent Signed in Uzbekistan
--------------------------------------------------------------
18/06/13 Tajik Farm-Out Deal Completed
--------------------------------------------------------------
19/07/13 Kazakhstan Forward Work Programme
--------------------------------------------------------------
27/06/13 Announces Election of Directors
--------------------------------------------------------------
08/07/13 Strategic Acquisition in Georgia
--------------------------------------------------------------
29/07/13 Extended Kazakhstan Drilling Programme
--------------------------------------------------------------
12/08/13 Appoints Clive Oliver - Vice President Finance
--------------------------------------------------------------
14/08/13 Q2 Financial Results and Conference Call Details
--------------------------------------------------------------
10/09/13 Chegara Presidential Decree Issued
--------------------------------------------------------------
11/09/13 Organisational Changes
--------------------------------------------------------------
12/10/13 Drilling Commences on AKD08 ("Doto") Exploration Well
--------------------------------------------------------------
18/10/13 Kazakhstan Operations Update
--------------------------------------------------------------
31/10/13 Drilling Commences on AKD09 ("Dexa") Well
--------------------------------------------------------------
01/11/13 Announces Farm-Out on Kazakhstan Assets
--------------------------------------------------------------
14/11/13 Q3 Financial Results and Conference Call Details
--------------------------------------------------------------
04/12/13 Kazakhstan Operations Update
--------------------------------------------------------------
05/12/13 Finance Director to Retire
--------------------------------------------------------------
02/01/14 Tethys Completes Strategic Acquisition in Georgia and
         Exits Uzbekistan
--------------------------------------------------------------
17/01/14 Kazakhstan Resources Update
--------------------------------------------------------------
07/03/14 Successful First Gas Well of 2014 Programme
--------------------------------------------------------------
20/03/14 Second Successful Gas Well in Kazakhstan
--------------------------------------------------------------
01/04/14 2013 Annual Results
--------------------------------------------------------------

The above documents are available at: http://www.sedar.com/

2.1     The following filings were made during the period onto SEDAR:

--------------------------------------------------------------
08/04/13 Notice of Meeting
--------------------------------------------------------------
06/05/13 Notice of Meeting (amended)
--------------------------------------------------------------
15/05/13 Interim Financial Statements/Report
--------------------------------------------------------------
15/05/13 MD&A
--------------------------------------------------------------
15/05/13 52-109F2 - Certification of interim filings - CFO
--------------------------------------------------------------
15/05/13 52-109F2 - Certification of interim filings - CEO
--------------------------------------------------------------
04/06/13 Notice of Meeting
--------------------------------------------------------------
04/06/13 Management Information Circular
--------------------------------------------------------------
04/06/13 Form of Proxy
--------------------------------------------------------------
27/06/13 Material Change Report
--------------------------------------------------------------
27/06/13 Report of Voting Results
--------------------------------------------------------------
14/08/13 Interim Financial Statements/Report
--------------------------------------------------------------
14/08/13 MD&A
--------------------------------------------------------------
14/08/13 52-109F2 - Certification of interim filings - CFO
--------------------------------------------------------------
14/08/13 52-109F2 - Certification of interim filings - CEO
--------------------------------------------------------------
11/11/13 Material Change Report
--------------------------------------------------------------
14/11/13 Interim Financial Statements/Report
--------------------------------------------------------------
14/11/13 MD&A
--------------------------------------------------------------
14/11/13 52-109F2 - Certification of interim filings - CFO
--------------------------------------------------------------
14/11/13 52-109F2 - Certification of interim filings - CEO
--------------------------------------------------------------
31/03/14 Annual Information Form
--------------------------------------------------------------
31/03/14 52-109F1 - Certification of annual filings - CFO
--------------------------------------------------------------
31/03/14 52-109F1 - Certification of annual filings - CEO (E)
--------------------------------------------------------------
31/03/14 MD&A
--------------------------------------------------------------
31/03/14 Audited annual financial statements - English
--------------------------------------------------------------
31/03/14 Code of conduct
--------------------------------------------------------------
31/03/14 ON Form 13-502F3B (Class 3B Reporting Issuers -
         Participation Fee)
--------------------------------------------------------------
31/03/14 Form 51-101F4 Notice of Filing of 51-101F1
         Information
--------------------------------------------------------------

The above documents are available on the Company’s website at:

http://www.tethyspetroleum.com/tethys/announReports.action

For more information please contact:

Tethys Investor Relations
Sabin Rossi, Vice President Investor Relations, Tethys Petroleum Limited
srossi@tethyspetroleum.com 

Media / IR Enquiries
London
FTI Consulting:  Ben Brewerton: Phone: +44 207 831 3113

Asia Pacific
Quam IR:         Anita Wan: Phone: +852 2217 2999

info@tethyspetroleum.com 
Web: http://www.tethyspetroleum.com 
Twitter: https://twitter.com/tethyspetroleum 

Notes to Editors:

Tethys is focused on oil and gas exploration and production activities in Central Asia and the Caspian Region with activities currently in the Republics of Kazakhstan, Tajikistan and Georgia. This highly prolific oil and gas area is rapidly developing and Tethys believes that significant potential exists in both exploration and in discovered deposits.

This press release contains “forward-looking information” which may include, but is not limited to, statements with respect to our operations. Such forward-looking statements reflect our current views with respect to future events and are subject to certain risks, uncertainties and assumptions. See our Annual Information Form for the year ended December 31, 2013 for a description of risks and uncertainties relevant to our business, including our exploration activities (which are incorporated herein by reference). The “forward looking statements” contained herein speak only as of the date of this press release and, unless required by applicable law, the Company undertakes no obligation to publicly update or revise such information, whether as a result of new information, future events or otherwise.